The Quiet Beast Under the Ocean: Breakthrough or Menace to the World?
Deep-sea mining is a dilemma that could shape the future of the planet, with concerns growing about the environmental impact of extracting minerals from the ocean floor. Norway is at the center of this debate, facing a decision that could have far-reaching consequences.
The Hidden Truth Behind Deep-Sea Mining
Deep-sea mining is gaining attention for its economic potential, but it comes with the risk of irreversibly altering marine ecosystems. Valuable metals and minerals located more than 200 meters below the surface are being targeted, including polymetallic nodules, hydrothermal sulfides, and crusts rich in various minerals. However, the cost of accessing these resources goes beyond economics, with potential damage to habitats, release of toxic sediments, and disruption of the global climate balance.
In its natural state, the ocean plays a crucial role in absorbing heat and storing CO2, helping to combat global warming. But underwater mining could jeopardize this function by altering the ocean floor.
Norway and the Deep-Sea Dilemma
Norway, a major player in energy, is deeply involved in the deep-sea mining debate. While the country initially showed interest in allowing underwater resource exploitation, a surprise decision in December 2024 delayed the issuance of licenses for mining in Arctic waters. This move, though temporary, had significant repercussions in the industry.
Companies like Loke Marine Minerals and Green Minerals, aiming to lead in this field, faced financial challenges due to the sudden shift in policy. Despite setbacks, the goal of tapping into Norwegian seabed resources remains a priority for these firms.
Crossed Interests and Unexpected Consequences
Proponents of deep-sea mining argue that it could support the global energy transition and reduce reliance on minerals from China. However, environmentalists warn of the potential impact on unknown marine species and essential ecosystem functions. The debate continues, with diverging views on the opportunities and risks associated with underwater mining.
